Kopin Corp. (MM) (NASDAQ:KOPN)Historical Stock Chart

5 Years : From Dec 2011 to Dec 2016

Kopin® Corporation (NASDAQ: KOPN) today announced the
delivery of the world’s highest resolution micro-display to Vision
Systems International, LLC (VSI) of San Jose, California. The display,
which exceeds High Definition (HD) resolution, was developed by Kopin
under funding provided by VSI and the U.S. Government. This ultra-high
resolution display boasting a resolution of 2,048 x 2,048 is
specifically targeted for the next-generation night vision systems for
the U.S. Department of Defense (DoD).

“Kopin has a solid history in the development of microdisplays for an
array of U.S. Army thermal imaging programs and has proven to be a
valuable partner in our development of advanced night vision systems for
avionics,” stated Drew Brugal, President of VSI. “This new
high-resolution display was developed and delivered on-time to address
the aggressive imaging system requirements of advanced night vision
Helmet Mounted Display (HMD) systems. This partnership places VSI on the
forefront of next-generation night vision HMD systems that will replace
the traditional image intensifier implementations with an
all-solid-state, ejection-safe solution for our aviation community,”
continued Brugal.

“Kopin is once again expanding the boundaries of micro-display
resolution and performance by developing an active matrix liquid crystal
display (AMLCD) with a 2048 x 2048 monochrome pixel resolution in a
0.96-inch diagonal form factor,” said Kopin President and Chief
Executive Officer Dr. John C. C. Fan. “This new display reflects the
strategic research and development initiatives we have undertaken over
many years, efforts that have resulted in innovations including
low-voltage and clock driverless architecture, small pixel geometry, and
specialized and ruggedized LCD processes. The new 8-inch processing line
Kopin developed in partnership with the U.S. Government was critical in
the design and fabrication of such a high-resolution display.”

“This new display will provide users with night vision resolution which
rivals the current image intensifier tube,” stated Michael Presz,
Kopin’s Vice President of Government Programs and Special Projects.
“Targeted for use with the Intevac ISE4000 sensor, this device will
allow for target detection at extreme ranges and the ability to detect
hazards such as power lines and towers, thus improving mission
effectiveness and reliability. In addition, the AMLCD display solution
allows for the HMD system designers to integrate the night vision
imagery into the avionics and weapon system suites, an extremely
powerful capability which is not possible with direct-view image
intensifiers.”

About VSI

Founded in 1996, VSI is a joint venture between Elbit Systems of
America, a subsidiary of Elbit Systems Ltd. (NASDAQ and TASE: ESLT) and
Rockwell Collins (NYSE: COL). VSI has produced more than 4,500 joint
helmet mounted cueing systems (JHMCS) for the F-15, F-16 and F/A-18
aircraft. Additionally, VSI is under contract to deliver Night Vision
Cueing and Display Systems (NVCD) to the US Air Force and Navy, and the
Fifth Generation HMDS for the F-35 Joint Strike Fighter. VSI also
produces the Targo® HMDs for multiple aviation platforms including
fighters, light attack, military airlift and trainers.

About Kopin

Kopin Corporation’s voice-activated, wireless, hands-free Golden-i®
mobile computing headsets, ruggedized military imaging systems,
ultra-small liquid crystal displays and heterojunction bipolar
transistors (HBTs) are revolutionizing the way people around the world
see, hear and communicate. Kopin has shipped more than 30 million
displays for a range of consumer and military applications including
digital cameras, personal video eyewear, camcorders, thermal weapon
sights and night vision systems. The Company's unique HBTs, which help
to enhance battery life, talk time and signal clarity, have been
integrated into billions of wireless handsets as well as into WiFi, VoIP
and high-speed Internet data transmission systems. Kopin's proprietary
display and HBT technologies are protected by more than 200 global
patents and patents pending. For more information, please visit Kopin's
website at www.kopin.com
and www.mygoldeni.com.

Kopin, Golden-i and The NanoSemiconductor Company are trademarks of
Kopin Corporation.

Safe Harbor Statement

Statements in this news release about the award from the U.S.
government may be considered "forward-looking" under the "Safe Harbor"
provisions of the Private Securities Litigation Reform Act of 1995. These
statements include the statements relating to the display being targeted
for the next-generation night vision systems for the U.S. Department of
Defense. These statements involve a number of risks and uncertainties
that could cause actual results to differ materially from those
expressed in the forward-looking statements. Factors that might affect
the actual results, performance or achievements include, among other
things, the possibility that there may be no demand for the display; we
may not be able to manufacture the display in quantities our customers
need; the display may not work in all of the environmental conditions
required; and other risk factors and cautionary statements listed in the
Company’s periodic reports and registration statements filed with the
Securities and Exchange Commission, including the Annual Report on Form
10-K for the 12 months ended December 25, 2010, and the Company’s
subsequent filings with the Securities and Exchange Commission. You
should not place undue reliance on any forward-looking statements, which
speak only as of the date on which they are made. The Company undertakes
no responsibility to update any of these forward-looking statements to
reflect events or circumstances occurring after the date of this report.

Kopin - The NanoSemiconductor Company®

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